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Specialized Tax Services – State and Local Tax Associate

BDO USA, P.C.
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Job Summary
The STS SALT Associate will be responsible for basic research and analysis of state and local tax (SALT) issues, along with utilization of tax software in the completion of basic tax returns and other tax filings and documents. In this role, the STS SALT Associate will have the opportunity to utilize his / her educational background while working side-by-side with more experienced Tax members who will provide direction and coaching related a range of state and local tax laws and resources.


Qualifications

Education
- Bachelors degree in Accounting or other relevant field required
- Masters degree in Accounting beneficial
- Masters degree in Taxation preferred

Job Duties
- Identifies simple situations when research is necessary providing an outline of the issue(s) and the appropriate source of research to be conducted
- Analyzes researched facts and the sources utilized prior to composing a detailed report of the research findings
- Prepares WTA and tax returns as appropriate
- Participates in the preparation, filing and completion of voluntary disclosure agreements for sales and use tax; income tax and unclaimed property
- Drafts tax memorandums, tax opinions and other documentation on various tax issues
- Assists in the drafting of responses to notices from state taxing authorities
- Prepares modeling for tax and unclaimed property exposure analysis
- Participates in the audit defense of client returns and tax positions
- Ensures all data needed to comply with filing requirements is obtained and identifies missing items to need for preparation of assigned tax returns
- Monitors current tax law changes and applies appropriately to the preparation of assigned tax returns
- Manages collection and retention of all appropriate workpapers for assigned clients
- Reconciles tax data to client general ledgers
- Develops, recommends and implements standard tax methods to provide clients with maximum tax benefits related to current and future tax obligations
- Utilizes online research tools, prior tax returns, interviews with client personnel and other resources to gather pertinent tax information related to assigned clients
- Continues building tax knowledge by monitoring relevant tax laws and educating oneself on firm tax strategies and Tax Planning Ideas (TPIs)
- Establishes relationships with professionals within Core Tax Services and other Specialized Tax Services groups to assist in identifying necessary resources available to resolve client needs and questions
- Utilizes Caseware, GoSystems, tax research databases and other tax-related software in the completion of assigned tasks
- Develops an in-depth understanding of the technical and practical issues and opportunities regarding SALT tax benefits
- Understands and applies industry standards, along with firm policies and BDO Tax Quality Manual requirements as they relate to FAS 109 and FIN48, as well as FAS5 for sales tax and unclaimed properties
- Assists in the preparation of studies of tax implications to identify alternative courses of actions to benefits clients
- Develops an understanding of the impact of a client’s business objectives as it relates to the client’s tax situation